Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
Maybe your color mapping ? I don't have 3Dsmax with me right now, but it might be something like this:
Render Setup > Vray > Color mapping > Mode : Color mapping and Gamma.